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Lovable valued at $6.6 billion in latest funding round as AI coding demand surges

Lovable tripled its valuation to $6.6 billion with $330M raised to enhance AI coding tools and infrastructure, following rapid $200M ARR growth, CEO said.

  • Stockholm-Based Lovable on Thursday said it raised $330 million in a Series B at a $6.6 billion valuation, led by CapitalG and Menlo Ventures, more than tripling its worth from five months ago.
  • Founded in 2023, Lovable scaled rapidly, reaching $100 million ARR within eight months and doubling to $200 million four months later after a $200 million Series A in July valued at $1.8 billion.
  • More than 100,000 new projects are built on its platform every day, and Lovable counts Klarna, Uber and Zendesk as customers while expanding integrations and infrastructure.
  • The fresh funds take Lovable's total raised in 2025 to over $500 million, and Laela Sturdy, Managing Partner at CapitalG, said `Lovable has done something rare: built a product that enterprises and founders both love`.
  • Facing competition from major AI labs and start-ups, Lovable confronts critics warning vibe-coding may yield insecure code and months ago vowed to resolve its EU VAT dispute.
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Entrepreneur broke the news in San Francisco, United States on Thursday, December 18, 2025.
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